Jewelry store raids in Irving, Frisco linked to $55 million gold scam targeting seniors, officials say

Elderly scammed out of $55M in massive fraud scheme

Outside Tilak Jewelers in Irving Thursday afternoon was a swarm of local and state investigators. Inside, police were seen combing through display cases, collecting evidence in what the Collin County Sheriff’s Office calls an alleged large-scale fraud and money laundering scheme targeting elderly victims across Texas. This store and Saima Jewelers in Frisco are where investigators say the suspects converted precious metals they coerced victims i…

Officials raid jewelry stores in Irving and Frisco taking part in $55M scheme targeting elderly fraud victims

Two jewelry stores in Irving and Frisco were raided Thursday as part of a yearlong investigation into an alleged scheme involving gold purchased with money stolen from elderly fraud victims, authorities said.

Elder fraud, money-laundering scheme disrupted in North Texas raids

Authorities say a months-long gold and jewelry scam involving fake federal agents and elderly victims was disrupted during North Texas raids.

Raids on Texas jewellery stores expose large-scale fraud targeting elderly residents

Simultaneous raids on two jewellery businesses in the DFW Texas cities of Irving and Frisco are being described as the culmination of a year-long investigation by the Collin County Sheriff's Office into a large-scale financial fraud...

Irving Jewelry Store Raid Tied to Collin County Organized Scam Investigation Targeting Elderly Victims

Collin County Sheriff’s Office, working alongside a wide network of local, state, and federal partners, executed coordinated search and arrest

Jewelry store raids in Irving, Frisco linked to $55 million gold scam targeting seniors, officials say

Raids hit North Texas jewelry stores in a $55 million gold scam that targeted elderly victims across North Texas.